last 2 halves margins have not been there. EPS may be 10c for the half and divvy 4-5c, still makes it cheap, very cheap. with that sort of order bok i expect EPS well over 15c on normal margins of 4-5%. Hopefully we see some market correction arounf june-septemeber 2009 as strong results are reached. i feared order book may have dried up but it did not and grew. VMG type scenarios crossed my mind.
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